CBRE Group Inc (NYSE:CBG) EVP J. Christopher Kirk sold 20,000 shares of the company’s stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $43.32, for a total value of $866,400.00. Following the completion of the sale, the executive vice president now directly owns 118,162 shares in the company, valued at approximately $5,118,777.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

CBRE Group Inc (NYSE:CBG) traded down $0.62 on Thursday, hitting $42.58. The company had a trading volume of 1,770,503 shares, compared to its average volume of 1,958,137. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $14,660.00, a price-to-earnings ratio of 16.35, a P/E/G ratio of 1.25 and a beta of 1.86. CBRE Group Inc has a fifty-two week low of $29.69 and a fifty-two week high of $44.04.

CBRE Group (NYSE:CBG) last posted its quarterly earnings data on Friday, November 3rd. The financial services provider reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.10. The business had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.45 billion. CBRE Group had a return on equity of 26.22% and a net margin of 5.75%. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.50 earnings per share. research analysts forecast that CBRE Group Inc will post 2.67 earnings per share for the current fiscal year.

Separately, Bank of America upped their target price on CBRE Group from $42.00 to $44.00 and gave the company a “buy” rating in a report on Monday, November 6th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $40.33.

Several institutional investors and hedge funds have recently bought and sold shares of CBG. Strs Ohio boosted its stake in shares of CBRE Group by 53.7% during the second quarter. Strs Ohio now owns 17,701 shares of the financial services provider’s stock valued at $644,000 after acquiring an additional 6,183 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its stake in shares of CBRE Group by 112.4% during the second quarter. Municipal Employees Retirement System of Michigan now owns 20,310 shares of the financial services provider’s stock valued at $739,000 after acquiring an additional 10,750 shares during the last quarter. Sei Investments Co. boosted its stake in shares of CBRE Group by 405.4% during the second quarter. Sei Investments Co. now owns 35,127 shares of the financial services provider’s stock valued at $1,279,000 after acquiring an additional 28,177 shares during the last quarter. Global X Management Co. LLC boosted its stake in shares of CBRE Group by 11.4% during the second quarter. Global X Management Co. LLC now owns 13,840 shares of the financial services provider’s stock valued at $504,000 after acquiring an additional 1,415 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its stake in shares of CBRE Group by 2.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 982,973 shares of the financial services provider’s stock valued at $35,781,000 after acquiring an additional 24,191 shares during the last quarter. 95.00% of the stock is currently owned by institutional investors and hedge funds.

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CBRE Group Company Profile

CBRE Group, Inc is a holding company that conducts all of its operations through its subsidiaries. The Company operates as a commercial real estate services and investment company. The Company operates through the segments: The Americas; Europe, Middle East and Africa (EMEA); Asia Pacific; Global Investment Management, and Development Services.

Insider Buying and Selling by Quarter for CBRE Group (NYSE:CBG)

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